Question: need help with the following problem ty The Blending Department of Long Company has these cost and production data for the month of April. Costs:

need help with the following problem ty  need help with the following problem ty The Blending Department of
Long Company has these cost and production data for the month of
April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion

The Blending Department of Long Company has these cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 $ 100,000 70,000 $ 170,000 Costs incurred during production in April Direct materials $ 800,000 Conversion costs 365.000 Costs incurred in April $ 1,165,000 Units completed and transferred out totaled 17,000. Ending work in process was 1,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions (a) Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April. (b) Compute the unit costs for the month. (c) Determine the costs to be assigned to the units completed and transferred out and in ending work in process. Instructions (a) Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April. (b) Compute the unit costs for the month. (c) Determine the costs to be assigned to the units completed and transferred out and in ending work in process. Equivalent Units Materials Conversion Costs Units completed & transferred out Work in process (April 30) 1,000 units @ 100% 1,000 units @ 40% Equivalent Units of Production (b) Materials Conversion Costs Total Total cost Equivalent units Unit costs (c) Completed & transferred out (dollar amount) Work in process 1,000 units @ 100% 1,000 units @ 40% Total Costs

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